Rs. Hero Splendor+ bike can be bought on 9 thousand downpayment and this EMI

The Hero Splendor motorcycle is very close to completing 3 decades since its launch. Hero launched the first generation of Splendor bike in 1994. Though several upgrades of the Splendor were launched, it still remains the first generation Splendor at heart and largely in looks. Hero Splendor’s latest model is the Splendor+, which is the best-selling motorcycle in the country. Its biggest feature is the build quality and low price. Despite the low price, the motorcycle is also bought on finance and if you are also thinking of buying Hero Splendor+ motorcycle on installments, then this post is going to be useful for you.

If you are planning to buy Hero Splendor+, then let us tell you that the starting price of Splendor in India is Rs.85,664. However, the bike is available in multiple variants. The base model comes with drum brakes. Its i3S Drum variant is sold in India at a starting price of Rs 87,140. There is a Matt Shield Gold color variant of this model, which costs Rs 88,232. The most expensive model is XTEC i3S Drum with a price of Rs 90,356. All these are Delhi on-road prices.

Because there are many banks and non-banking financial services in the market offer offers If we do, we’ll give you an average here. Talking about the base model of Splendor+, its ex-showroom price in Delhi is Rs 71,176, while on-road price is Rs 85,664. The average interest in two-wheelers in the market is 10 percent. Now, if you keep a downpayment of Rs 9,000 (about 10 per cent) for this bike and keep your loan repayment period for three years, you will have to pay an installment of about Rs 2,474 per month.

Here you have to keep in mind that you can keep the downpayment high, as well as the time to repay the loan can also be kept short.

Let us tell you that the Hero Splendor + bike has an air-cooled single cylinder engine of 97.2 cc. It produces 8.36 PS of power at 8000 rpm and 8.05 Nm of torque at 5000 rpm. The company claims that this bike is capable of giving a mileage of 80.6 km/l. It has a 4-speed gearbox.